If made law, the Financial Technology Protection Act would establish a working group of key government departments, agencies, and experts to combat terrorism and illicit financing on digital platforms.
The Secret Service paid $183,750 for a four-year contract with digital currency exchange that allows them to use Coinbase Analytics.
The U.S. Secret Service has asked the Congress for assistance in preventing cryptocurrencies such as Monero and Zcash since these have enhanced privacy and anonymity features that can be used for illegal activities like money laundering.
